The Biden economy is a fantastic success story if you believe the MSM. Just don’t pay attention to this week’s jobless claims numbers, which reveal that 419,000 people have filed jobless claims, well above what the ceiling of jobless claims was expected to be, 350,000.
During a time when many businesses are cutting back their hours because they can’t get people to work for them, unemployment is rising once again, which makes perfect sense unless you know basic math.
U.S. weekly jobless claims show surprise gain, well above expectations
From www.cnbc.com
2021-07-22 12:56:45
Excerpt:
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong recovery heading into the fall.
Initial filings for unemployment insurance totaled 419,000 for the week ended July 17, well above the 350,000 Dow Jones estimate and more than…
